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Hainan Airport Infrastructure Co (SHSE:600515) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Hainan Airport Infrastructure Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hainan Airport Infrastructure Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hainan Airport Infrastructure Co Cyclically Adjusted Price-to-FCF Chart

Hainan Airport Infrastructure Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hainan Airport Infrastructure Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hainan Airport Infrastructure Co's Cyclically Adjusted Price-to-FCF falls into.



Hainan Airport Infrastructure Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Hainan Airport Infrastructure Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hainan Airport Infrastructure Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.053/115.2271*115.2271
=-0.053

Current CPI (Mar. 2024) = 115.2271.

Hainan Airport Infrastructure Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.206 98.200 -0.242
201409 0.135 98.900 0.157
201412 0.148 99.000 0.172
201503 2.223 99.900 2.564
201506 0.054 99.500 0.063
201509 7.339 100.500 8.414
201512 -47.932 100.600 -54.901
201603 -0.205 102.200 -0.231
201606 -0.656 101.400 -0.745
201609 0.733 102.400 0.825
201612 -3.234 102.600 -3.632
201703 -0.110 103.200 -0.123
201706 0.660 103.100 0.738
201709 0.119 104.100 0.132
201712 0.217 104.500 0.239
201803 0.380 105.300 0.416
201806 0.975 104.900 1.071
201809 0.670 106.600 0.724
201812 -0.683 106.500 -0.739
201903 0.407 107.700 0.435
201906 -0.054 107.700 -0.058
201909 -0.183 109.800 -0.192
201912 0.321 111.200 0.333
202003 0.055 112.300 0.056
202006 -0.497 110.400 -0.519
202009 -0.256 111.700 -0.264
202012 0.260 111.500 0.269
202103 0.069 112.662 0.071
202106 0.023 111.769 0.024
202109 0.005 112.215 0.005
202112 -0.042 113.108 -0.043
202203 -0.098 114.335 -0.099
202206 -0.038 114.558 -0.038
202209 -0.014 115.339 -0.014
202212 -0.168 115.116 -0.168
202303 -0.029 115.116 -0.029
202306 -0.017 114.558 -0.017
202309 0.006 115.339 0.006
202312 -0.057 114.781 -0.057
202403 -0.053 115.227 -0.053

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Hainan Airport Infrastructure Co  (SHSE:600515) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Hainan Airport Infrastructure Co Cyclically Adjusted Price-to-FCF Related Terms

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Hainan Airport Infrastructure Co (SHSE:600515) Business Description

Traded in Other Exchanges
N/A
Address
Number 5 Guoxing Road, 46th Floor, Haihang Industrial Center, Hainan Province, Haikou, CHN
Hainan Airport Infrastructure Co Ltd, formerly HNA Infrastructure Investment Group Co Ltd engages in the development and management of municipal infrastructure, real estate, and urban complex projects. It is also involved in the investment, construction, operation and management of airport; construction of marine projects; and construction and operation of shops at CBD city complexes, airports, ports, and docks.
Executives
Lu Xiao Ming Director
Zhu Yu Wen senior management
Zhang Xiang Rui Director
Zhang Han An Director
Shang Duo Xu Director
Huang Qiu Director
Chen De Hui senior management
Ya Zhi Hui senior management
Xia Jian Feng senior management
Xu Xian Hong senior management

Hainan Airport Infrastructure Co (SHSE:600515) Headlines

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